SL Green Realty Corp. announced that it has closed on the previously announced acquisition of New York City’s Park Avenue Tower for $730 million. Located at 65 East 55th Street in Midtown Manhattan, the property is a 36-story, 621,824-square-foot office building...
The Inland Real Estate Group LLC, the Oak Brook, Illinois-headquartered commercial real estate investment, finance and operating firm, has announced the appointment of Matthew Fries as CEO and president of Inland Real Estate Investment Corporation. In his new role,...
The Aldi discount supermarket chain has announced plans to open more than 180 stores by the end of the year. The new plans include the first Aldi store in Maine, along with continued growth in Southeast and West markets plus the opening of three new distribution...
Kipling Group, a Toronto-headquartered commercial, industrial, and residential property management firm, announced the appointment of Michael Case as president. Kipling joined Kipling Group in 2024 as chief operating officer, and he will retain that position. He was...
Macy’s Inc. (NYSE: M) is planning to close 14 stores in 12 states during the first part of this year. The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. In an email shared with...